Can I retire at age 35 with 987,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $987,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$81,506$80,780$80,071$79,380$78,705$76,124
2 years$40,349$39,598$38,870$38,163$37,478$34,903
3 years$26,632$25,878$25,151$24,452$23,778$21,289
4 years$19,775$19,023$18,304$17,616$16,959$14,575
5 years$15,662$14,914$14,204$13,531$12,892$10,620
6 years$12,921$12,178$11,479$10,821$10,201$8,042
7 years$10,963$10,227$9,539$8,896$8,296$6,250
8 years$9,496$8,767$8,090$7,463$6,882$4,948
9 years$8,356$7,633$6,968$6,357$5,796$3,971
10 years$7,444$6,728$6,075$5,480$4,938$3,221
11 years$6,698$5,990$5,348$4,769$4,247$2,633
12 years$6,077$5,376$4,746$4,183$3,680$2,166
13 years$5,552$4,858$4,241$3,693$3,209$1,791
14 years$5,102$4,416$3,810$3,278$2,813$1,487
15 years$4,713$4,034$3,440$2,924$2,477$1,238
16 years$4,373$3,701$3,119$2,618$2,189$1,034
17 years$4,073$3,409$2,838$2,352$1,941$866
18 years$3,806$3,150$2,591$2,120$1,726$726
19 years$3,568$2,919$2,372$1,915$1,538$610
20 years$3,355$2,713$2,177$1,735$1,374$513
21 years$3,161$2,527$2,002$1,574$1,230$432
22 years$2,986$2,359$1,845$1,431$1,102$364
23 years$2,826$2,206$1,704$1,304$989$307
24 years$2,679$2,067$1,576$1,189$889$259
25 years$2,545$1,940$1,459$1,086$800$219
26 years$2,421$1,823$1,354$993$721$185
27 years$2,306$1,716$1,257$909$650$156
28 years$2,200$1,617$1,168$833$586$132
29 years$2,101$1,525$1,087$764$530$112
30 years$2,009$1,440$1,013$701$478$94
31 years$1,923$1,362$944$644$433$80
32 years$1,843$1,288$881$591$391$68
33 years$1,768$1,220$823$544$354$57
34 years$1,697$1,156$769$500$321$48
35 years$1,630$1,097$719$461$290$41
36 years$1,568$1,041$672$424$263$35
37 years$1,508$989$629$391$238$29
38 years$1,452$940$589$360$216$25
39 years$1,400$893$552$332$196$21
40 years$1,349$850$517$306$178$18
41 years$1,302$809$485$283$161$15
42 years$1,257$771$455$261$146$13
43 years$1,214$734$427$241$133$11
44 years$1,173$700$401$222$121$9
45 years$1,134$667$376$205$109$8
46 years$1,097$637$354$190$99$7
47 years$1,061$608$332$175$90$6
48 years$1,027$580$312$162$82$5
49 years$995$554$293$150$74$4
50 years$964$529$276$138$68$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $987,000, adding $4,670 every year, while hoping to spend $40,119 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 44/44/12 Blend
34$987,000$987,000$987,000$987,000
35$1,092,491$1,040,180$1,024,882$1,136,599
36$1,161,239$1,048,463$1,016,529$1,176,068
37$1,235,654$1,055,806$1,006,552$1,214,397
38$1,316,273$1,062,123$994,853$1,255,050
39$1,403,684$1,067,318$981,332$1,298,256
40$1,498,536$1,071,293$965,883$1,344,270
41$1,601,540$1,073,940$948,393$1,393,374
42$1,713,481$1,075,146$928,748$1,445,883
43$1,835,219$1,074,792$906,824$1,502,143
44$1,967,705$1,072,750$882,496$1,562,541
45$2,111,980$1,068,884$855,629$1,627,503
46$2,269,195$1,063,052$826,085$1,697,502
47$2,440,611$1,055,100$793,718$1,773,063
48$2,627,621$1,044,867$758,375$1,854,767
49$2,831,755$1,032,182$719,897$1,943,258
50$3,054,698$1,016,863$678,118$2,039,249
51$3,298,306$998,718$632,863$2,143,528
52$3,564,620$977,543$583,951$2,256,969
53$3,855,890$953,121$531,192$2,380,541
54$4,174,592$925,225$474,388$2,515,313
55$4,523,451$893,612$413,331$2,662,469
56$4,905,470$858,026$347,804$2,823,322
57$5,323,955$818,195$277,583$2,999,320
58$5,782,546$773,835$202,429$3,192,068
59$6,285,253$724,640$122,098$3,403,339
60$6,836,492$670,291$36,332$3,635,095
61$7,441,127$610,448$0$3,889,504
62$8,104,515$544,753$0$4,176,033
63$8,832,557$472,828$0$4,495,687
64$9,631,753$394,271$0$4,846,776
65$10,509,263$308,661$0$5,232,577
66$11,472,973$215,551$0$5,656,708
67$12,531,572$114,470$0$6,123,164
68$13,694,632$4,918$0$6,636,355
69$14,972,697$0$0$7,201,152
70$16,377,382$0$0$7,877,947
71$17,921,485$0$0$8,624,664
72$19,619,105$0$0$9,445,755
73$21,485,776$0$0$10,348,751
74$23,538,612$0$0$11,341,948
75$25,796,467$0$0$12,434,486
76$28,280,116$0$0$13,636,436
77$31,012,449$0$0$14,958,895
78$34,018,684$0$0$16,414,088
79$37,326,608$0$0$18,015,486
80$40,966,838$0$0$19,777,932
81$44,973,108$0$0$21,717,781
82$49,382,589$0$0$23,853,054
83$54,236,237$0$0$26,203,606
84$59,579,181$0$0$28,791,317
85$65,461,147$0$0$31,640,296
86$71,936,928$0$0$34,777,106
87$79,066,898$0$0$38,231,021
88$86,917,586$0$0$42,034,294
89$95,562,299$0$0$46,222,467
90$105,081,815$0$0$50,834,706
91$115,565,145$0$0$55,914,166
92$127,110,371$0$0$61,508,402
93$139,825,574$0$0$67,669,816
94$153,829,852$0$0$74,456,153
95$169,254,440$0$0$81,931,042
96$186,243,956$0$0$90,164,602
97$204,957,758$0$0$99,234,097
98$225,571,451$0$0$109,224,671
99$248,278,542$0$0$120,230,147
100$273,292,269$0$0$132,353,916